Japan to help ASEAN cope with aging

The Japanese government will launch a public-private consultation system with the ASEAN in the next fiscal year to help member nations cope with their aging populations.
Japan to help ASEAN cope with aging ảnh 1The project aims to utilise Japan’s experience in handling the growing trend of the population aging (Source:Internet)

 The Japanese government will launch a public-private consultation system with the Association of Southeast Asian Nations (ASEAN) in the next fiscal year to help member nations cope with their aging populations.

The government plans 15 million JPY (125,000 USD) for the project in budget requests for the next fiscal year.

The project aims to utilise Japan’s experience in handling the growing trend of the population aging in ASEAN nations.

It is also expected to allow Japanese companies involved in medical and nursing care services to more easily enter ASEAN markets, which are forecast to face rapid population aging and have a high demand on made-in-Japan medical products and equipment in the future.

Government officials and experts from Japan as well as ASEAN nations are expected to join the consultation mechanism to discuss issues related to nursing care services in each country.

The first round of consultation talk is being planned for ASSEAN and the Japanese government is considering holding such talks on a regular basis.

ASEAN countries are expected to age at a faster pace than Japan.

According to the United Nations, Japan took 25 years for its population of individuals 65 or older to double from 7 percent to 14 percent as of 1995. Vietnam is expected to see the same shift in only 15 years, by 2033, and Indonesia is expected to see it in 17 years, by 2038.-VNA

VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.